The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.50 and $0.10, respectively. The equivalent units to be assigned costs are as follows.

	Direct Materials		Conversion
Inventory in process, beginning of period	0		3,340
Started and completed during the period	50,390		50,390
Transferred out of Bottling (completed)	50,390		53,730
Inventory in process, end of period	3,440		2,000
Total units to be assigned costs	53,830		55,730

The beginning work in process inventory had a cost of $4,000. Determine the cost of completed and transferred out production, and the ending work in process inventory.